Base Power
Market Analyst
Austin, TX. Posted 23 days ago
The role
You will own P&L reporting and risk tracking across the battery fleet and retail operations. You will build pricing models, recommend hedges, and identify new market opportunities.
What you will do
- Build a bottoms-up retail pricing model for PJM.
- Bring PJM into the risk system and P&L reporting.
- Identify new market opportunities with Finance, Growth and Legal & Policy teams.
- Recommend changes to hedging strategy in ERCOT and PJM.
- Track exposure against risk limits.
Required qualifications
- A few years of experience in power markets, retail energy, or a related analytical field.
- Wholesale market basics in ERCOT and PJM, including how power is bought, hedged and settled.
- Knowledge of how retail pricing and operations work.
- Understanding of how a retail offer makes or loses money.
- Ability to explain the cost to supply, the margin, and the risk.
- Knowledge of basic statistics.
- Ability to build reports and models in Python or another language.
- Ability to pull data with SQL.
- Ability to work through a problem independently.
Nice to have
- experience at a retail energy provider
- utility supply desk
- trading middle office
About the company
Base is America’s next-generation power company rebuilding the foundation of modern civilization by deploying a vast network of distributed batteries. The Risk & Trading team turns the grid-service capability of this fleet into revenue.